DMC 0.00% 30.0¢ design milk co limited

Ann: Trading update , page-13

  1. fab
    17 Posts.
    This announcement make wonder if i got it wrong.

    After the platitudes of the AGM i hit the sell button with white knuckles. I know that they stock has dived since then, so on paper I have done the right thing, but i never thought that I would ever hear the phrase "cash flow positive".

    However, the aftermath of St Patricks day has taken the edge off my investment appetite today and I reckon that one more downward tick in INT SP means that it is 30% cheaper so I will continue to sit on my hands.

    When on the green warpath yesterday, I found the pubs awash with back packers and students looking for stock market tips. I pontificated for a while suggesting a few sub-penny dreadfuls, and was pulled up on the subject of INT. It seems that a few of these Paddies stay in accomodation that used to be billed my INT. Someone else does it now. Then one of the Aussie kids with green die in his hair (pretender) reckons he works for a developer who will never put in a network again because of their bad experience - though he didnt know if INT was the culprit.

    They bought me the odd Guiness for the benefit of my wisdom, but i think i learnt as much from them. A particular fact that struck home was from the auburn-haired girl who worked for a big propery trust. They have these networks in all thier sites apparently, but she has never heard of INT. I dont know how much creadance to put on it though, cause when I suggested that I follow up with her in more detail later-on, she wished me a happy St Patricks day. At least, I think that is what she said- it could have been her Irish accent that deceived me.



 
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